Phenol_fx

BTC Expect interest rate cuts

Short
Phenol_fx Updated   
BITSTAMP:BTCUSD   Bitcoin
💰 BTC Update April 1

✔️The monthly candlestick chart of M has officially closed the candle above the 69k3 area, confirming CHOCH's long-term growth, so the long-term trend will still be BUY when there is a correction!

✔️The W weekly candlestick chart, after filling the FVG area, has created a fairly large POI area. We can watch here and wait for confirmation and then open short BUY positions!

✔️The D-day candlestick chart still has an unfilled FVG area, so we have to be careful in case the price comes here at 66k3, we can wait for confirmation on h1

✔️Altcoin is growing, continue to pay attention to the SOL system, AI system.. follow the money flow and watch LONG to follow the main trend, everyone

WISH YOU A LUCKY START OF THE TRADING WEEK!
Comment:
🔔BTC Update April 2

➡️On the H4 chart, the price is reacting at the 65k support and there are signals from the buyers. We need to wait and see if this zone can hold the price so we can continue to watch for long and short positions. In the next area, if it can return to 64k, everyone should be on guard if this happens!

➡️Altcoin is still in a correction so LONG positions will be limited and mainly wait for clearer signals, money is still flowing to the Meme system, SOL system, we should follow the children in the system. This makes trading Long positions more convenient.

Forex Market Observer

t.me/Forexmarketobserver
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.